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Managing the New Realities of Risk |
The success and growth of organizations depend today, as
they always have, on navigating the landscape of risks
and opportunities. But it is a defining characteristic
of our times that the risks and opportunities we
face—whether the spread of terrorism or globalization,
avian flu or scientific and technological breakthroughs,
economic and climatic volatility or demographic
shifts—are both increasing and increasingly complex.
Most current approaches to managing risk and capturing
opportunity focus on the most immediate and knowable
environments—the organization and the market—and give
only limited consideration to uncertainties in the
external environment. Yet the future's winning
businesses will be those best able to anticipate and
manage risks both within and beyond the enterprise,
while simultaneously exploiting the upside opportunities
they create. pdf |
